Pier 1 to close 5 stores in Orange County

Pier 1 Imports is closing hundreds of stores nationwide, including nearly 20 in Southern California as the retailer struggles with falling sales.
The Fort Worth, Texas-based company will be closing 450 stores across the U.S. in the coming months as part of an effort to cut costs and remain in business.
In early January, Bloomberg reported the retailer had drafted a bankruptcy plan and canceled some orders.
“The broader challenge that’s plagued the entire industry is that foot traffic